Oil breaking to new YTD high…
That’s been the only part of the inflation numbers (fake ass bullshit government reported inflation numbers) that have been down recently.
What happens when it starts going up again while everything else is also going up?!?
Hmmm?!?
IMHO higher inflation is here to stay as no amount of money printing replaces real life tangible things…like say oil!
I sure wouldn’t want to own a bond backed by money that can be printed from thin air in this environment. The only one winning that game is the one printing from thin air!
That’s been the only part of the inflation numbers (fake ass bullshit government reported inflation numbers) that have been down recently.
What happens when it starts going up again while everything else is also going up?!?
Hmmm?!?
IMHO higher inflation is here to stay as no amount of money printing replaces real life tangible things…like say oil!
I sure wouldn’t want to own a bond backed by money that can be printed from thin air in this environment. The only one winning that game is the one printing from thin air!